Tags: Brits, Pos, Latest, News, Mining,
BRITS POS - BRITS - A prefeasibility or feasibility study has been suggested be undertaken to determine if the mineral resource at the Zandfontein upper group two tailings storage facility (TSF) at Eastern Platinum’s (Eastplats’) Crocodile River Mine (CRM) in Brits can be mined economically in the current market environment.
To read the full story, read our 18 August 2017 issue.
BRITS POS - BRITS - AngloGold Ashanti is heading for a hefty half-year headline earnings loss of $93m or R1.2bn as it absorbs the cost of a restructuring of its South African assets that may result in the loss of 8,500 jobs.
To read the full story, read our 11 August 2017 issue.
BRITS POS - BRITS - The government notice published on July 18 aimed at prohibiting the change of control of existing mining and prospecting rights should not affect the final restructuring steps underway at Anglo American Platinum (Amplats), according to CEO Chris Griffith.
To read the full story, read our 28 July 2017 issue.
BRITS POS - BRITS - In the three months to June 30, platinum mining major Lonmin recorded lower unit costs and higher net cash on improved production and rising sales, but suffered two fatalities in a quarter when the overall injury level was on a firmly downward trajectory.
To read the full story, read our 21 July 2017 issue.
BRITS POS - BRITS - Aim- and Alt-X-listed Jubilee’s Hernic platinum and chrome processing operations in Brits are now operating at full production rate, with a daily throughput capacity of 1 900 tons of chrome and platinum-containing feed material, equating to 55 000 tons per month.
To read the full story, read our 23 June 2017 issue.